Current Affairs Update – 18th June, 2016

Hello and welcome to exampundit . Here are the important Current Affairs of 18th June, 2016. These are important for the upcoming SBI PO Mains 2016.

Current Affairs at a Glance – 18th June, 2016

India and SouthKorea have launched Korea Plus, a special platform to promote
and facilitate Korean Investments in India.

Boeing and Tata Advanced Systems Limited (TASL) have joined hands to set up a facility here to
co-produce Boeing AH-64 Apache helicopter fuselages and other
aerostructures.

Creating history, Avani
Chaturvedi, Bhawana Kanth andMohana Singh today became the first women fighter pilots to be
formally commissioned by the Indian Air Force.

India and Namibia on 16 June
2016 signed two Memoranda of Understanding (MoUs) on capacity building for civil
servants of Namibia and to set up of centre of excellence in Information
and CommunicationsTechnology (ICT).

Microsoft was on 17 June 2016
selected as the technical partner to
build a mobile Application (app) for Union Human Resources Ministry’s SWAYAM
(Study Webs of Active-Learning for Young Aspiring Minds) platform.

The Indian hockey team settled for a silver medal in its best ever
Champions Trophy performance after the spirited side went down 1-3 to world
champions Australia in a
controversy-marred summit clash penalty shootout here.

Finance/Industry –

India, South Korea launch Korea Plus to promote investments

India and South Korea have
launched Korea Plus, a special platform to promote and facilitate Korean
Investments in India.

Korea Plus will act as a mediator
in arranging meetings, assisting in public relations and research/evaluation
and provide information and counselling to Korean companies investing in India.

An MOU for establishing Korea
Plus was signed in January 2016 following Prime Minister Narendra Modi’s visit
to South Korea in May 2015.

Boeing, Tata to set up joint aerospace facility in Hyderabad

Boeing and Tata Advanced Systems
Limited (TASL) have joined hands to set up a facility here to co-produce Boeing
AH-64 Apache helicopter fuselages and other aerostructures.

Defence Minister Manohar Parrikar
on Saturday laid the foundation stone of Tata Boeing Aerospace Limited (TBAL)
at the aerospace Special Economic Zone (SEZ) at Adibatla on the city outskirts.

The facility will also deal in integrated
systems in aerospace.

The Hyderabad production facility
will eventually be the sole producer of AH-64 fuselage globally.

The AH-64 Apache is the world’s
most advanced multi-role combat helicopter and used by the US forces as well as
many other countries, including India.

India –

Indian Air Force commissions first batch of women fighter pilots

Creating history, Avani
Chaturvedi, Bhawana Kanth and Mohana Singh today became the first women fighter
pilots to be formally commissioned by the Indian Air Force.

Batting for gender parity in the
armed forces, Defence Minister Manohar Parrikar, who was chief guest at the
combined graduation ceremony at Air Force Academy, Dundigal on the city
outskirts, termed the event as a “milestone” as it also the first
time that women have been given a combat role.

Expressing happiness, the three
women pilots, who successfully completed pre-commissioning training by the
Flight Cadets of various branches of IAF, said they consider themselves
“fortunate” and were excited to take on their duties.

The trio will go to Bidar in
Karnataka for their stage-III training for a year on Hawk advanced jet
trainers, before they get to fly supersonic warplanes.

Six female cadets were competing
to become fighter pilots after the government, in a landmark move, approved an
IAF plan in October to induct them as fighter pilots.

However, only three female
trainees were selected for the fighter stream.

Parrikar, who reviewed the
passing out parade, conferred ‘President’s Commission’ on behalf the President
to 130 Flight Cadets, including 22 women trainees, who were commissioned as
Flying Officers.

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India signs two MoUs with Namibia on capacity building for civil
servants, centre of excellence in ICT

India and Namibia on 16 June 2016
signed two Memoranda of Understanding (MoUs) on capacity building for civil
servants of Namibia and to set up of centre of excellence in Information and
Communications Technology (ICT).

The agreements were signed after
a dialogue between President Pranab Mukherjee and his Namibian counterpart Hage
Geingob.

Namibia is committed to honour
the deal signed with India in 2009 to supply Uranium for civil use.

Namibia is the fourth largest
producer of uranium and assured India that it study the framework New Delhi has
signed with 12 other countries including UK, US, Australia, Sri Lanka, France
and South Korea besides others.

Microsoft was on 17 June 2016
selected as the technical partner to build a mobile Application (app) for Union
Human Resources Ministry’s SWAYAM (Study Webs of Active-Learning for Young
Aspiring Minds) platform.

The platform will launch 2000
Massive Open Online Courses (MOOC) for over three crore students in 2016.

Microsoft signed a deal of 38
crore rupees with All India Council of Technical Education (AICTE) to build and
run the app for three years. Later, it will be taken over by AICTE.

Microsoft will deploy a team of
dedicated people to set up the state-of-the-art application.

Sports –

India settle for silver in Champions Trophy

The Indian hockey team settled
for a silver medal in its best ever Champions Trophy performance after the
spirited side went down 1-3 to world champions Australia in a
controversy-marred summit clash penalty shootout here.

Only Harmanpreet Singh was able
to score in the shootout, while SK Uthappa, SV Sunil and Surender Kumar all hit
wide off the target. Just four attempts were required from the two teams as
Australia had gained a winning 3-1 lead.